Barclays PLC Boosts Stake in Seven Hills Realty Trust (NASDAQ:SEVN)

Barclays PLC lifted its holdings in Seven Hills Realty Trust (NASDAQ:SEVN) by 20.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,047 shares of the company’s stock after buying an additional 2,947 shares during the period. Barclays PLC’s holdings in Seven Hills Realty Trust were worth $235,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SEVN. State Street Corp boosted its position in Seven Hills Realty Trust by 21.6% in the third quarter. State Street Corp now owns 182,609 shares of the company’s stock worth $2,515,000 after purchasing an additional 32,440 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Seven Hills Realty Trust by 4.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 36,640 shares of the company’s stock valued at $505,000 after buying an additional 1,528 shares during the period. Geode Capital Management LLC increased its holdings in Seven Hills Realty Trust by 3.8% during the third quarter. Geode Capital Management LLC now owns 326,256 shares of the company’s stock worth $4,493,000 after buying an additional 11,890 shares during the last quarter. Jane Street Group LLC bought a new stake in Seven Hills Realty Trust in the third quarter worth about $147,000. Finally, Calton & Associates Inc. purchased a new position in Seven Hills Realty Trust in the third quarter valued at about $186,000.

Seven Hills Realty Trust Price Performance

Seven Hills Realty Trust stock opened at $13.26 on Tuesday. The firm has a 50 day moving average price of $13.03 and a 200-day moving average price of $13.34. Seven Hills Realty Trust has a twelve month low of $11.23 and a twelve month high of $14.66.

Seven Hills Realty Trust (NASDAQ:SEVN) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.06. The firm had revenue of $8.86 million for the quarter, compared to the consensus estimate of $9.80 million. During the same period last year, the company posted $0.36 earnings per share.

Seven Hills Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 10.56%. The ex-dividend date of this dividend is Monday, January 27th. Seven Hills Realty Trust’s dividend payout ratio (DPR) is presently 71.98%.

About Seven Hills Realty Trust

Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.